Nubank, the Latin American fintech leader, has secured conditional approval from the OCC for a U.S. national bank charter, setting an 18-month timeline to launch and challenging incumbent banks with its digital-first model.
Federal officials have issued provisional approval to relocate 30 beluga whales and four dolphins from the shuttered Ontario park to accredited U.S. aquariums, averting an immediate euthanasia threat pending final health and care plans.
Lawmakers are negotiating a short-term deal to fund the Department of Homeland Security, aiming to avoid a partial government shutdown this weekend. The talks occur against the backdrop of heightened political pressure following recent violence in Minneapolis and a shift in the administration's enforcement rhetoric.
In a new court filing, Hunter Biden's legal team moves to dismiss a contempt motion brought by the mother of his 7-year-old daughter, arguing his relationship with the child is legally irrelevant and denying violations of their 2023 support agreement.
Klarna Group confronts a wave of class action lawsuits alleging it downplayed rising loan loss risks in its buy-now-pay-later portfolio ahead of its 2025 NYSE debut. The legal challenges cast a shadow over the fintech's post-IPO performance and have sparked a broader debate about transparency in the rapidly growing BNPL sector.
The new year brings a fresh wave of airline failures as Ecojet, a UK-based startup aiming to be the world's first zero-emission carrier, enters voluntary liquidation. Its collapse follows recent shutdowns in the Philippines and India, highlighting persistent turbulence in the regional aviation sector.
